Dorcas Ministries International Company Limited by Guarantee Stalemenl of Flnancial Activllles (Includlng Income ar expendlture accounl) Year ended 31 December 2019 2019 Unrestriei•J furth Total funds Tolal funds 2018 Incom• •nd endowm•nts Donalb)ns l&Jacs Total Incom• 102281 102.281 30,743 102281 102.281 30.743 Expqndlturè Expenditure on raising luTrJs: Cosls of raislro tknnatKsns aThl1gg Expendilure on charitab actNthes Toial •Xpm1lUrn 2,872 18.405 95,583 95.583 95.583 21,277 N•t In¢om• nd n•t mowm•nt th fvndl 6.698 9,466 Recon¢llS•tlon ol Iw Tot lunds bwht lorward Talal Iwid8 rI00d lorn•wd 9,466 16.164 9.466 16.164 9,466 The statement ol linarKII trYIeS ldeS al gains aThl hJ8ses reeowised kn th8 yaar. All income and expeTrJiturg derfve Irom corMu)ui actitio
DCaS Mlnistries Intematlonal Comp•ny Umlled by Guamntee Sl•tsm•M ol Flnanclal Poslllon 31 D•c•mber 2019 2018 12 15.147 1.667 16014 16.814 16.814 2.705 7.261 C•sh th bart( orn1 9.966 500 16,164 1466 urwest10d luThlx 1&164 16,164 14 9,466 477 01 tho crynpari Acl 201kl lo 1• ctyrya members re0ir ts cryany to authl of finarbial th• Th•so filrKI al•rnwts wwe by Ih b)aryl ol •rnl aulPth$8d IOT ao Odober 2020. ar• slgn•d Jjthal ol th• ty. ULIL- hiSk. Jrknslon
Dorcas Mlnlstrfes Inlernaiional Comp•ny Umll•d by Guarnnl Sl•l•mont ol C•$h Flowi Y••r •nd•d 31 Dtt•mber 2019 2019 2018 6.698 9.466 Trnd• 011 ¢J•tsorn 112,4421 15.5941 15.5941 12.7051 7.261 7.261 15.5941 7.261 7.261 C••h Ind c•th •qul¥•lonb •1 boglnnlng of year C••h •nd eoh •quh•l•nl• •1 •nd ol p•r 1.667 7,261
Dorcas Minislries International Company Umlled by Guarantee Notes to Ihe Flnan¢lal Slalements Year erKled 31 De¢ember 2019 The charity 1$ a benefrt gnbty aThJ a me crffipany limited by guarantee, registered in Norttwrn Ireland and a registe1 Charity in Northem Ireland. The athjress ol the registered rICe is 38 Oen5kerry Lan8. FNemIleto, Co Tyrone. 8T75 OSP. rtheM Ireland. i Stat•m•nt ol compll•n These finan081 statements have be wepartd in Com&e lIh FRS 102. Tho Financial ReportiThJ SlarKlard acab in Ihe UK the Rele ol 1r8L41., the Statem&nl ol Recommended Pradu appQcabk io charilies preparit¥J their accounts in accordance wilh the Finanual Reptsrtir4J Slandard appth.ce in the UK and Republ ol Ifelatxt IFRS 1021 (Charities SORP IFRS 10211 and tha COrrpni Acl 2r)8. Ac¢ountlng w•1 B••ls of PT•W•lloTh Th9 linanclal gtatements have been [ePa on the historical cost basis. as modi1 by the rovaluatrjn ol certain finw ass&ts ar#1 and inv•stmenl Prci rneasured at lair value through InMI or •XpernrtUt•. Th• I1la1 slat9n arn pry•d in 81ortAYJ, is luThXirThl Gurmn¢y ol Ihé ¢ntity. Golng Gonc•rn Thgrg arg no nwtgrigl uertainl• ¢haritl$ 8bihty to JydgeM¢nts and key ol tInlOn uncertalnty The Coffyny assets and liabilrtrt affj based on spets'f¢ ¢abJlaiiins Y•ilh Ihe excepiKn ol il's accrual lor accounlaw. Th• ¥x4yJniary ac¢rt491 has estimated in ¢onjunclion wlh Ihe accounlanl& Fund accounllng Unrestrfcled funds arn awlatdg lor use al fv rfisuelTh busteeg lo lurther any ol the charilys purposes. O¢svJnaied luThls are Wastred luryts eafrna bl the truslees lor pthcu&r futtxg project or cofflmitrngnL ReBtrKted lunds are &th4ected lo r8slr¢ipx on thr exp8thre dxlar•J by thè donor or through Ihe lemis ol an 4wal. aThl law inlo ong ol subdwgs: restricted irorn8 funds or erKSJwment lunds.
Dorcas Ministries International Company Limlted by Guaranlee Notes lo the Flnanclal Ststements Year ended 31 December 2019 l Accwntlng pollcl•s All irMIrJ resources are iKIKled in the stalemenl ol financlal aGti7ths when NIeMent has passed to the charity" il is probat that the ec)rtomi¢ benefits asswale(I wlh ihe transaction 17 lkn¥ kn the charity a1 the amounl ¢an be rew ffleasured. The lolh)wing speulic wlicies aro led lo particukr ceg08 ol income: Iome Irom (k)natN)ns or grarts is recogniwj then Ilte is evxlerKe ol entitlement lo the receipt Is probab18 arJ its amouth can measured reliaLIy, 19w inc• is rwKe(l recW is wthablè aThJ eniiuernent is 85tabJished. irKome Iwm donat g(ds is measured al Ihe lair valje ol ihe o)ods unless this Is Impraetul lo moasure refiably. in case the Va is derNed Irorn the cost to the donor Ihe eslimaied reyale val. Donaled faolili8s and SeoS are reeognised in Ihe accounts when r8c8ivBd il tho vthè can bg rel4ty mgasuroo. No amoLM)ts ara in¢led for the contributn ol yeral wnIee1$. Inctsme Iroffl ¢ontr&ts lor swwy ol ser41ce$ 15 reCI)g1 wth Ihe d8fvery ol th• contracted seThlce. Thi8 ¢lassilled as unrestri¢led funds unles5 Ihore is a contractual requirement lor il lo b8 S[1 on a partnts puwe and returned rf unspent. in which case tt may te regarded as Testrtled. A0U1 •xpthd•d Expe1lluTe is wraed on an wuals bags ag a thabilty is irMffed. Expendilure include5 any VAT t•thich caftrt b8 lulty f¢c¢vered. is ¢lasS"ld er hing5 01 tho $111gm•ni ol INiancial acimli to rt relaies.. expeTrSture cffl rnrflrg fuThts inrAths th8 costs ol 41 lunth•sirg activiti•s. events. rnn. ¢haritabl• trathng athviti6s, KI sal8 ol lj5. •xpenthlurn on a¢lwillos iJ&s 81 o)sts incurr&1 by a ¢h8rity in undertaking activilw thal further rfs charltable alms lor Ihe benelit ol lis benekiaries, inclLJing Ihosg SLWrt cosls $ts relating to the gO¥Vnan ol th8 ¢harity appor1ed to charilable olheT exp8TrSrtuffj inc*JJes al trxwmthluro that is r•ither rdal•J lo rak8wvJ lurth lor Ihe dHrity nor part ol rfs expgTrJtur• on Charila actNrties. All ¢osts are afvjcated lo expeThltture eategyies refieding the use ol the resource. Thrèct costs atlributable to a sirol8 xllvity are alkxaled threci lo thal activity. Shared costs are appoflioned Flninelal Inslwmenls A finala1 Lsset OT a financial fthifty is recgnI1 onty then the charity becomes a paty to ihe Contractu w0S1Or ol the truM}I.
Dorcas Ministries International Company Llmlled by Guarantee Nol8s to Ihe Flnanclal Statsments Year erKled 31 December 2019 Ac¢ounllng polw Fln•nei•l Inslwments Basic linanual inslruments are inaty re¢owised at the amwnt iewvatl8 or payable oncd1j any rekted transacAion cos Currgnl assels and are sSe(went measured al Ihg cash or other )ideratIOn ex0 to be paKI or recewj and noi d¢scounl8d. D8bl irMlS are measur•J al amovtstrj o)sL Where inv8strnonls in shares are tradj or iheir lair ¥e can oiherwse be rneasud f81iably. thg inveslm8nl is thequently Measur al Iwr vaknje wlth changes in lair value recognisad in incomg and expeThh'ture. AM other suth WNesbnents arg sthequenlly measured al cosl less impaimenl. Olher Ilnanoal knslnJment$. IllJJ derivalves, are initHty recg)onlsed at lalr value. unless paymgnl lor an assel is deferrJ be normal busin8SS tenn5 or financed at a iale ol inierest that is not a mathet ratè. in case the assèt is measured at the Kxesent value ol Ihe future paymgnts (liscounted al a markel raie of interest l¢y a similar debt InStrent. 011 finanaal irtstrurnents • subs•wty measur&J at fir vak. with any changes rgwnisgd in th8 Statement ol linartial actrils. exceptK)n of hedging Inslrumenls in a d8$wJnat8d hedgir4J relaiionship. Financvdl assels Ihat are rneasur8d at coyt or amoniged ¢osl afe wie1 lor objecm evthnce ol impaimeni at the end ol each reF¢ylirKJ dale. 11 there is objeclwe eviden¢e ol impairment, an irnpairment Ioss 15 T8cognis8d uTrJer Ihe appw4yiate heathNJ in slement ol financial activili•$ in thich thè inilial 9ain as rgcrpjnwl. For al wity inslwments regardgss ol swyyltineè. aThl Olr linanoal assets Ihal are inoSvidtJally sigrbrftant. thesg are assessed ithmdually ftN impairmenl. Olher financial assets arg either assessed indwiknlly oi on the basis ol simiL4r cr•Jrt risk ¢haraclorislics. Any reversals ol Impainn8nl are rtc¢Jnised immthsotely, lo Ihg gxtent that the reversal not result in a carryirrfJ amounl ol the finanoal as5el thal exceeds what th8 Carrn9 amount would have b8gn h•J the imp•rffl8nl Trjt be8n rac0159d. Llmlt•d by guornntee The th11ty ol each memLw i8 limi11 to £1, beirq the amtyjth that every m.ember ol the Cornpaly undBrtakes lo ntrite to Ihe assets ol the Company. in Ihg event ol Ihe Same being wouThJ vthile he ¢¥ she is a member, or vthn ong ar after he of she OT il ceases to b membtrr. lor pawnert ol debts arwj labiStig5 ol Ihe Company ¢onifacted before ho or she or it Cvdses lo be a member. aTrd of the costs. charges expèns95 01 windirvJ up. and lor Ihe adiuslment of rKJhls ol thg contr*xrtorns amfshg themsefves.
Dorcas Ministries Internatlonal Company Llmlted by Guarantee Notes lo Ihe Flnanclal Statements {1•d) Year ended 31 December 2019 Don•tlons dI09¥¢I?9 Unrastr1ed Tot•1 Funds Unreslrfcted Total Furhys Funds 2019 Funds 2018 Don•tlon8 Dowlons direcl Irom mèrnb9 d lh• Public Donalions from Doreas Kliss¥)nary Trust 70.196 70,1 19,571 19,571 32.085 102281 32.085 11.172 11.172 102.281 30.743 30,743 Co8t¥ of r•IrJ donatlon• and l•g•cl•• Unresiricled Total Fund$ Ur8s1led Tolal Funds Funds 2019 Funds 2018 Cosls ol raL8lw aThJ kgaws Donaiions 2.872 2.872 pendllurn on chal•blo •c¢Mtkn by fimd ty Unr•sirtled Totsl Fundy Unrestrieied Tothi Funds Funds 2019 Furts 2018 ANty1 Swrt costs 95.434 149 95,434 149 t7.5 500 17,905 500 95.583 95.583 18.405 18.405 Expendlluf• on ch•rlt•bl• •ctfvllkn by•¢tlty type Aclmli Jertaken direcity cos Toi•l lund• 2019 Toi41 lund 2018 Aciivity t>F¢ 1 Govemanc• costs 95.434 95.434 149 149 17.905 soo 95.434 149 95.583 18.405 I•id•n1 •x•mln•tlon fw 2019 2018 Fees payabkn to IIE IndeFdent &xamhr lor: IrwJop•ThlfftK exam1rl7ft of ts Ilnandal &temnIS soo 500
Dorcas Ministries International Company Llmlled by Guarantee Notes to the Flnanclal Statements Year ended 31 December 2019 10. gt•ff cosls The lolal staff costs afmj empknyee tenelits for Ihe Telj are anatysed as loll)w8: 2019 2018 Tho average head Cowbt ol emp durirrfj the was Nil {2018: Nifj. No employee CeIVed empw berlts ol morn than £60.LKM) during yoar (2018: NID. 11. Tnjstee rnrnun•rntlon •nd •xp8n No remuneralion was pathy by Dor¢as min Inlemalx>n41 io any ol its Twsteos IhTouohoul tho yoar endod 3151 Docemt*r 2018. 12. Deblor¥ 2019 2018 Oiherdeblors 1S.147 2.705 13. CrndlloT•: amoun1• hlllng duo aft•r mov• th•n on• y••r 2019 2018 AccnHl$ Bnd delerred lTh>)me 650 500 14 AnalyJl8 ol charfthbl• ldI UnMtrlct•d fund• Al 31 Oe¢ember 2019 1 Jw¥Jary 201 lrtome Exp•nditure Ggn8fal funds 102.281 {95.583) 16,164 Al 31 December 2018 l JarnAry 201 Irthne ExpeIlluTe General lunds 30,743 {21.2771 9,466
Dorcas Ministries International Company Llmlted by Guardnlee Notes to the Flnanclal Statements Year ended 31 December 2019 1$. AMly¥ts of n•t •ssets b•tw¢en lund$ Unrestricied Total Funds Funds 2019 curn1 a$sel8 Credilors lèss Ih8n 1 y 16,814 16501 16.164 16.814 16501 16.164 Unreslricted Tolal FuThJs Fund5 2018 Current ajsels Creditors less than l year 9,966 1scKJ} 9.466 9.966 15001 9,466 16. Fln•neil InstnNn•rt¥ The caryro aKnI lor ea¢h ¢at•oyy ol finwKial i1tInent is a5 folows: 2019 2018 Flnancl81 a>ts that are debt Instruments Measur •t •mortled ¢o¥t Financial asws that are debi instrLWI)enis measyr•l al am¢)rtiS8d 9.966 9,966 Flnanclal lthbll¢tleJ me•8urnd 81 •rnortls•d ¢osl Flnartél1Sabl&lles fflgasured at arnortised cost 500 17. An•tyg1¥ ol eh•nge• In n•t d•bl At Al 1 Jan 2019 Cash Iltrw$ 31 Dee 2019 C•sh al t4nk a1 in hand 7,261 15.$941 1.667